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Days1489Days on Market
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$345,000

$348,999

617 Raford Hill Ln, Richardson, TX, 75081

On MarketInfo
Price DropInfo
Beds2 Beds
Baths3 Bath
Baths1,685 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$204.75 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size2,642 sqft

Building Information

Year Built2007
Stories2
Roof Type105
Garage Spaces1

Land Information

APN422666300B0200000
Lot Number20
SubdivisionWaterford Villas Amending
Land UseResidential
Legal DescriptionWATERFORD VILLAS AMENDING BLK B LT 20 INT202200264747 DD09232022 CO-DC 2666300B02000 3CR2666300B
Census Tract019102
Assessed Land Value$80,000
Assessed Improvement Value$313,530
Assessment Year2025

About this property

Want to live minutes away from downtown without the price tag? Welcome to this breath-taking townhome in Richardson’s desirable Waterford Villas community, where comfort, convenience, and low-maintenance living come together. This 2-bedroom, 2.5-bath home offers 1,685 square feet of thoughtfully designed living space, an attached two-car garage, and a versatile upstairs loft that’s perfect for a home office, second living area, or flex space. The open-concept layout creates an inviting flow between the kitchen, breakfast area, and living room, making the home ideal for both everyday living and entertaining. Upstairs, the spacious primary suite includes a walk-in closet, dual sinks, and a private bath, while the secondary bedroom has access to its own full bathroom. Step outside to enjoy your private fenced patio, then let the HOA take care of the community’s common areas and front landscaping for easy, low-maintenance living. Conveniently located with quick access to US-75, major employers, shopping, dining, parks, and Richardson ISD schools, this home offers the perfect balance of comfort, convenience, and location.

Investor Tools

$284,212Estimated Mortgage Balance
$110,849Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,361 /month
Positive
Cash Flow Estimate:
$787 /month

Interested in this property?

Ryan Rounsaville

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$778/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,368
$393,530
2025
$80,000
$313,530
$393,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,368
$393,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$305,000
No
First
Sep 23, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$284,212
$109,318
27%
72%
$1,829/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$2,629/mo
$-799/mo
5.6%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Richardson

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617 Raford Hill Ln | Property Details | No Agent List